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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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Oct 6, 2012
10/12
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KTVU
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ticians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. i thought of something else we need fwhat's that? it's a 200 watts per channel dynamically balanced surround sound wireless baby monitor... with a sub wolfer. >>> family 2 family. commitment to the community. the city's top chefs come together in a special culinary event in san francisco. on thursday october 25th attend the option at the palace hotel in san francisco. bidding on culinary auction items on packages. benefit march of dimes and their efforts to promote healthy babies. >> a multi vehicle pile up on interstate 75 in florida sent 30 people to the hospital. two people had to be airlifted by medical helicopters. it was a series of three crashes. no fatalities have been reported. >>> friendly fire is likely to blame for th
ticians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. i thought of something else we need fwhat's that? it's a 200 watts per channel dynamically balanced surround sound wireless baby monitor... with a sub...
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Oct 9, 2012
10/12
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MSNBCW
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i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people out there. i love charleston. a lot of people -- rather charlotte because in charlotte you heard an entire political party speaking led by people like deval patrick, the governor of massachusetts, after you saw mr. mayor. i think it sounds better when it's a serenade than when it's a solo. what do you think about that? because the other guy has these terrible attack dogs out there, people like trump pitching the birtherism nonsense, sununu talking about being lazy. you got priebus and his nonsense about him being from europe and foreign and newt saying terrible things not to mention jack welch trying
i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people...
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Oct 9, 2012
10/12
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CNBC
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it has to do with tax reform and corporate tax reform. romney has the better plan but eliminates the extra territorial nature of the tax code. i'm a big fan of that policpoli. >> you don't have to love romney to know he is going to strangle and love all businesses. the current president we don't know that. >> i'm saying a romney victory i'm going to come out and say it, will raise the animal spirits that will been down. the cash flow has been out there. it is the psychology that is going to improve. >> it is that and the gradual recovery of the economy. we have been seeing a pick up. housing has better than bottomed and the banks are getting healthier. cni loans are up 3.5%. that is a leading indicator for consumer lending and that is very powerful in terms of having new leadership and more money for these companies to spend here. >> last 25 seconds when do we beat the old highs of 07? >> november 7th. my gosh, energy stocks and health care stocks. thank you very much. wonderful stuff. coming up tonight, what does chuck schumer think he i
it has to do with tax reform and corporate tax reform. romney has the better plan but eliminates the extra territorial nature of the tax code. i'm a big fan of that policpoli. >> you don't have to love romney to know he is going to strangle and love all businesses. the current president we don't know that. >> i'm saying a romney victory i'm going to come out and say it, will raise the animal spirits that will been down. the cash flow has been out there. it is the psychology that is...
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Oct 9, 2012
10/12
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. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney boiled down the president's foreign policy to one of hope. >> hope is not a strategy. >> but on actual foreign policy romney's specifics were rather thin. >> i'll support the libyan's people efforts to support a lasting government. >> how about iran? >> prevent them from acquiring nuclear weapons capability. >> that's the same. >> this is the same guy who couldn't even go to the olympics. >> he will say anything, he will do anything. >> his mention of russia. >> without question of number one geo political foe. >> there are two kinds of success, initial and ultimate. >> i still believe you in and i hope you still believe in me.
. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney...
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Oct 12, 2012
10/12
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WRC
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the most taxes. warwick owes 2.6 million while is he gal oes 350,000. >>> finally, talent must run in the family. according to ancestry.com justin bieber is a relative of ryan gosselin. their family links date back 400 years back to the earliest settlers. i promise i did not make this up. i do want to go to thanksgiving with them. >>> this comes to us from wtvj where former nba bad boy dennis rodman composed himself long enough for a special group of tea. he no longer dresses in drag but he shows he could still relate to the ladies. rodman was a special guest at a tea party hosted by a nonprofit at a new american girls store. he answered questions and advised the girls to keep failure out of their lives. >>> i'm lynn berry. this is "early today," your your first stop of the day today on your nbc station. >>> it is 4:28. a live look tside. 50 degrees outside our studios. what you can expect today and through the weekend is coming up. >>> our adversaries are much more willing to test us, and they're br
the most taxes. warwick owes 2.6 million while is he gal oes 350,000. >>> finally, talent must run in the family. according to ancestry.com justin bieber is a relative of ryan gosselin. their family links date back 400 years back to the earliest settlers. i promise i did not make this up. i do want to go to thanksgiving with them. >>> this comes to us from wtvj where former nba bad boy dennis rodman composed himself long enough for a special group of tea. he no longer dresses...
SFGTV2: San Francisco Government Television
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Oct 6, 2012
10/12
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SFGTV2
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making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and research. there has to be a culture fun -- from the federal grant all the way down in research. they should hammer out what the appropriate compromise is to repatriate all
making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and...
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Oct 12, 2012
10/12
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WBAL
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. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters digest the second of four debates. danville, kentucky, i'm steve handles men, nbc news, lynn, back to you. >>> steve, thanks so much. nbc's andrea mitchell led our truth squad in danville last night with a fact check of the debate. she started with the deadly september 11th attack on the u.s. consulate in benghazi and paul ryan accusing the obama administration not correctly protecting the personnel. >> what we should not be doing is rejecting claims for calls for more security in our barracks, in our marine. we need marines in benghazi when the commander on the ground says we need more forces for security. t
. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters...
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Oct 14, 2012
10/12
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WJLA
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there is no question that you see higher taxes. the vice president said taxes up by a $1 -- $1 trillion dollars. will not raise taxes on the class or on small business. obama went to virginia for debate preparation. he focused on the auto industry. >> auto sales are the highest been in four years. she and is back. ford and chrysler are growing again -- gm is back. ford and chrysler are growing again. >> they meet again on tuesday night in new york for the town hall-style debate. >> a former campaign aide to vincent gray was sentenced this week. l serve 24 months of probation and perform 200 hours of community service. he pled guilty to paying another candidate and making false statements. probation was recommended since he has cooperated with the ongoing investigation. two others have also pled guilty. >> the suspects and charged with man in august a g investigated for other crimes according to a report. on friday, the suspects had a preliminary hearing. they are accused in the beating. they made off with the cell phone and credit
there is no question that you see higher taxes. the vice president said taxes up by a $1 -- $1 trillion dollars. will not raise taxes on the class or on small business. obama went to virginia for debate preparation. he focused on the auto industry. >> auto sales are the highest been in four years. she and is back. ford and chrysler are growing again -- gm is back. ford and chrysler are growing again. >> they meet again on tuesday night in new york for the town hall-style debate....
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Oct 11, 2012
10/12
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it's the expiration of the bush tax cuts. it's the expiration of the payroll tax. it's the expiration of a patch put over the amt so it wouldn't hit the middle class. it's these mindless, senseless across the board cuts that were put forth as a part of the sequester which came about because of the super committee. every one of those issues is addressed in a long-term fashion so it doesn't distract an economic recovery in simpson-bowles. >> some people respond to fear. some people respond to opportunity. take it from the other side. what if we came up with a situation tomorrow, opened up a newspaper and there was some conciliation, there was some agreement, it may not be everything one side would want. somewhere in the middle. maybe closer to the extreme you didn't like. but there was some compromise that was laid out. what kind of a stimulus you think that would provide the economy? >> tell me your answer to that question. >> huge. >> how much would the market go up on that? >> i can't -- the market's a separate person. i'd be a buyer of the market. goldman sachs,
it's the expiration of the bush tax cuts. it's the expiration of the payroll tax. it's the expiration of a patch put over the amt so it wouldn't hit the middle class. it's these mindless, senseless across the board cuts that were put forth as a part of the sequester which came about because of the super committee. every one of those issues is addressed in a long-term fashion so it doesn't distract an economic recovery in simpson-bowles. >> some people respond to fear. some people respond...
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Oct 6, 2012
10/12
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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Oct 11, 2012
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i don't mind paying higher taxes. i don't mind progressive taxes. but i would say, the economic system has to accomplish at least a couple of things. one is to create, generate wealth, and the other is to have a fairway of distributing it. i'd say the first is a predicate for the second. i don't want to do anything -- i don't want to do anything in the redistribution that tamps down on the generation of wealth. >> well, one of the things that's been criticized for curtailing wealth generation has been regulation and even some of the lawsuits that are out there. there's been a lot of pressure on wall street, a lot of legal actions that have been taken against wall street in the past, just the past several months. do you think those are politically motivated? >> look, it is a political process so politics enters into everything. but look, nothing would suit me more than for all the legacy issues fade away. but the country went through a big trauma. we're a democracy. in some cases you need an escape valve for it. i accept the fact we'll have to deal w
i don't mind paying higher taxes. i don't mind progressive taxes. but i would say, the economic system has to accomplish at least a couple of things. one is to create, generate wealth, and the other is to have a fairway of distributing it. i'd say the first is a predicate for the second. i don't want to do anything -- i don't want to do anything in the redistribution that tamps down on the generation of wealth. >> well, one of the things that's been criticized for curtailing wealth...
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Oct 11, 2012
10/12
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has he changed his position on taxes? no, he was clear during the republican primary he would limit deductions and limit tax cuts to those who are under $50,000. he was criticized for that. but that was his position now and the idea that president obama saying he has run on this and now he is changing, that is not my analysis of mitt romney's position, but on the issue of abortion --. >>neil: you would apply that, senator, to his abortion position? that is what his position has always been? >>guest: this is not mitt romney -- if you want someone who was particularly strong on those issues, someone would was passionate about the issues there were other options in the primary but mitt romney is someone who has a commitment to being pro life and he doesn't talk about it a lot and when he does he doesn't do it as compellingly as he does on other issues but he has not backed away. when he has not been particularly clear as he was the other day in iowa, he comes forward and made a statement, i have not changed anything. this is
has he changed his position on taxes? no, he was clear during the republican primary he would limit deductions and limit tax cuts to those who are under $50,000. he was criticized for that. but that was his position now and the idea that president obama saying he has run on this and now he is changing, that is not my analysis of mitt romney's position, but on the issue of abortion --. >>neil: you would apply that, senator, to his abortion position? that is what his position has always...
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Oct 10, 2012
10/12
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what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bird. who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have be
what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bird. who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a...
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Oct 11, 2012
10/12
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focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the trenches, when you redo this game can you make it a foreign policy so we can do risk and attack on the country. >> thank you very much. up next, if you've ever wanted to see steve kornacki in high school, just wait. [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ innovation that excites. and every day since, two years ago, the people of bp made a commitment to t
focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the...
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Oct 14, 2012
10/12
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FBC
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we have a massive tax increase, a repeal of the bush tax cuts, we have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and. >> again, i'm very concerned about that. antsy for sure. and i don't think that we are going to get a solution to this thing, certainly before the end of the year. neil: so you don't even buy the six-month extension think? >> when we can stop looking at this thing in bits and pieces. this is not what leaders do. leaders are decisive. neil: when it comes to the sequestration cuts that they agree to, they are trying to change the rules on that. >> i cannot disagree with you there, neil. but i would ask your audience to think back to when barack obama was running for president. he ran as a uniter. he was goi
we have a massive tax increase, a repeal of the bush tax cuts, we have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and....
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Oct 11, 2012
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taxes on, you can tax them at a marginal rate of 100% and still not accomplish what you need to accomplish. >> the president has a budget, it's out there, everybody can see it. >> the one that got zero democratic votes? >> hold on, he has a budget. >> that one? >> and it's really quite clear. from memory it's $2.2 trillion on the spending side, the high earner bush tax cuts expiring. about 400 million more than the 2.2 on the mandatory side for a total of about 3.5. you can debate whether that's going to pass or not pass in a new congress if the president's reelected, but it's out there, and everybody can talk about it and assess it and like it or dislike it. i happen to think it's pretty reasonable and i also happen to think it's going to resemble pretty closely what ultimately is done to avert the fiscal cliff. >> even domenici, rivlin, even simpson-bowles, we athey're not telling we can have our cake and eat it too and get the rich people to cover the problems with our deficit and spending. even they say broaden the base. if you let the bush tax cuts expire as a whole, 80% of our defici
taxes on, you can tax them at a marginal rate of 100% and still not accomplish what you need to accomplish. >> the president has a budget, it's out there, everybody can see it. >> the one that got zero democratic votes? >> hold on, he has a budget. >> that one? >> and it's really quite clear. from memory it's $2.2 trillion on the spending side, the high earner bush tax cuts expiring. about 400 million more than the 2.2 on the mandatory side for a total of about...
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Oct 11, 2012
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CSPAN2
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for overall tax reform. what we are talking about their is to lower rates on everyone. and have maybe 25%, a 10% rate. you also start off with a clean sheet of paper. as far as the loopholes that are in the tax bill. .. >> should health care reform as we have now remain the same? >> it seems it is actually working and people across i would talk to me about it. or the parts of it that are very important to it. they did not kick the can down the road. so much is paid by everybody through the emergency room so let's include more people. the pre-existing condition who wants to go back to that? there should be some changes. the hospital situation, i wealth where the rubber meets the road will get the back. but they are giving better care. the fact they are creating jobs. >> changes? boswell: that will happen as we come to that point* but we're still in the infant change you cannot have a cap the policy because you have gotten sick common in the hospital, cannot have children on until they are 26. there are things
for overall tax reform. what we are talking about their is to lower rates on everyone. and have maybe 25%, a 10% rate. you also start off with a clean sheet of paper. as far as the loopholes that are in the tax bill. .. >> should health care reform as we have now remain the same? >> it seems it is actually working and people across i would talk to me about it. or the parts of it that are very important to it. they did not kick the can down the road. so much is paid by everybody...
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Oct 11, 2012
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CNBC
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however, with lower taxes, you'll have people going out to spend money. that helps earnings. that helps the fundamental argument. stocks are going to do great either way. >> debra, what do you think? >> i would tend to agree that if we have obama staying in that the market will be under pressure next year because now they're not worried so much about re-election. they don't have to worry so much about making friends with everyone, that they can go back to doing what maybe they need to do, which is back off on the fed. if we lose that fed juice, then the market could pull back. but that's next year. i think right now going into the end of the year, i think the market's going to do quite well. >> you're not worried about the fiscal cliff? some people have -- goldman sachs and morgan stanley have specifically looked at the fiscal cliff and said it's decidedly problematic for the fourth quarter and the s&p could fall from here. >> that's if the fiscal cliff happens. i really don't think they're going to let that happen. i think we'll see the same kind of drama we saw around gover
however, with lower taxes, you'll have people going out to spend money. that helps earnings. that helps the fundamental argument. stocks are going to do great either way. >> debra, what do you think? >> i would tend to agree that if we have obama staying in that the market will be under pressure next year because now they're not worried so much about re-election. they don't have to worry so much about making friends with everyone, that they can go back to doing what maybe they need...
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Oct 11, 2012
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for obama, there's no free lunch from raising taxes either. they're both going to face, i think, very similar realities. as i like to say, the math is inexrabble. >> it isn't the same. the math isn't the same. i believe that if you do the right thing, you broaden the tax base, you take away the loopholes, i think that there is a nonstatic aspect. there's economic growth that can make up a difference, which is at the epicenter of that 5 trillion number. >> not just that, they both have very different attitudes about spending. >> but guys -- >> which they've highlighted. >> i think we're at a point now where we've figured out tax cuts don't pay for themselves. >> i disagree. tax cuts that last one year where you don't know what the next two, three, or four years is going to be. if we had a tax going on for a long time, i think it would be a big time boost to the economy. >> very, very quickly, guys. look, they've only got 30 days after the election. i know the negotiations have already started. what would a compromise look like that would please
for obama, there's no free lunch from raising taxes either. they're both going to face, i think, very similar realities. as i like to say, the math is inexrabble. >> it isn't the same. the math isn't the same. i believe that if you do the right thing, you broaden the tax base, you take away the loopholes, i think that there is a nonstatic aspect. there's economic growth that can make up a difference, which is at the epicenter of that 5 trillion number. >> not just that, they both...
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Oct 11, 2012
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flattening tax rates and getting rid of deductions? i don't think people realize this but simpson-bowles gets rid of the mortgage interest deduction, it gets rid of major tax expenditures that "cost the u.s." revenue each year. dpou that the economy can operate more efficiently. my comment is it's just not very big given the amount of debate that it engenders. >> brian had a wonderful list of all the things people might do, might open up their wallets once they feel they've got cough dense in their leaders. we have a lot of uncertainty right now. we don't know who is going to be in the white house in november. we don't know what's going to happen with the fiscal cliff. once these things are said and done, how much of an economic boost would you expect? how much confidence would it instill? >> it is a good question. i take my hat off to blankfein especially on that one point. he was talking about the opportunity cost of not doing a deal. how much up side there would be in the market, in the economy, if we did have a deal, even to speak
flattening tax rates and getting rid of deductions? i don't think people realize this but simpson-bowles gets rid of the mortgage interest deduction, it gets rid of major tax expenditures that "cost the u.s." revenue each year. dpou that the economy can operate more efficiently. my comment is it's just not very big given the amount of debate that it engenders. >> brian had a wonderful list of all the things people might do, might open up their wallets once they feel they've got...
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it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're growing in fiscal 2002, give or take. if you were advising the next president, be it obama or romney, to say publicly here are the few things we should do in order to generate economic growth, one would obviously be some kind of comprehensive budget deal, but what else would be the -- on the jamie dimon list? >> america is a great country. the president should recognize one thing for certain. i think this attitude is just not true. we of the best military on the planet and we will four years. we have the most transparent capital markets in spite of what happened. investment, of capital, private equity. we ha
it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're...
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conversation about taxs and the future of taxes specifically the soon to expire bush tax cuts. >> so the next time they say don't worry about it we'll get a few wealthy people to pay their share, watch out middle class the tax bill comes to you. >> that is referring to the current plan to let the taxes for the top expire and maintain the rest for lowwer and middle class . romney campaign insisting that all of the bush taxes need to be preserved. back to you. >> brian: 26 minutes before the hour. twitter partnered with this and great to do the debate and read your twitter to find out what people think. >> gretchen: it had to do with pearly whites. here is larry. snl will have to can devote a entire show to biden's facial expression. >> steve: saturday night live. >> brian: gretch gretchh -- gretchen has a personal reaction. >> steve: mr. james fortune said the real winner in the debate is joe biden's dent mr. #2: . he does have a beautiful set of choppers and we saw them a lot in inappropriate times and saw them a lot when paul ryan talked about the four americans murdered in libya an
conversation about taxs and the future of taxes specifically the soon to expire bush tax cuts. >> so the next time they say don't worry about it we'll get a few wealthy people to pay their share, watch out middle class the tax bill comes to you. >> that is referring to the current plan to let the taxes for the top expire and maintain the rest for lowwer and middle class . romney campaign insisting that all of the bush taxes need to be preserved. back to you. >> brian: 26...
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bolick, sales tax. bullock: if a sales tax on sandusky will veto it. the congress has said repeatedly actually she would favor a replacement tax. he also points to property tax rates inside, idaho or wyoming so much better off given the fact of their property tax rates. by and large, even conservative groups say we have each best taxes for businesses in the nation. so the other safety looks that have sales tax. i think we can do great things for montana. we propose to give them a business tax cut. there would be 11,000 businesses across the state. a $400 for a phone that owns a home in montana. so we will make sure to help up main street is as well as to certain another places like that. >> the u.s. supreme court citizens united decision of the two judges and montana striking on several montana's campaign finance laws, essentially opening the floodgates of spending in the state and national races. one lot was reinstated by the ninth circuit. many people including your opponents believe citizens united and a follow corrupt the election process. others t
bolick, sales tax. bullock: if a sales tax on sandusky will veto it. the congress has said repeatedly actually she would favor a replacement tax. he also points to property tax rates inside, idaho or wyoming so much better off given the fact of their property tax rates. by and large, even conservative groups say we have each best taxes for businesses in the nation. so the other safety looks that have sales tax. i think we can do great things for montana. we propose to give them a business tax...
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a tax plan, a real budget that was taxed. everything they were explaining or trying to nail him on, they didn't have any answers themselves. what are their plans to reform entitlement? >> bob: they have no tax plan. don't you understand that? >> dana: something else that happened last night, last night, joe biden didn't even try to defend the last four years and he certainly didn't give anybody a reason to vote for them for the next four years. not a single specific proposal why you should want us for another four years. it was basically, the strategy was make my opponent look small, ridicule him and call him a liar before he gets started. that was the strategy. >> bob: interesting focus group last night in ohio of undecided voters of which joe biden overwhelmingly won. >> brian: all the other polls, paul ryan won. >> what is everybody talking about? even if your argument is right he made points on substance, everybody talking about the style. >> bob: who is everybody? >> andrea: bob, every network today is talking about the
a tax plan, a real budget that was taxed. everything they were explaining or trying to nail him on, they didn't have any answers themselves. what are their plans to reform entitlement? >> bob: they have no tax plan. don't you understand that? >> dana: something else that happened last night, last night, joe biden didn't even try to defend the last four years and he certainly didn't give anybody a reason to vote for them for the next four years. not a single specific proposal why you...
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romney's tax returns. do you feel like the list of things that the democrats would like to be talking about here is a different list when it's paul ryan on the stage than when it is mitt romney on the stage? >> i would go to those ideological things. not so much the problematic problems governor romney faces personally but the ideological charts, do we really want to make a woman a murderer if she chooses to end a pregnancy, do we really want to get into that territory morally as a government? do we want to do that in civil society? do we want to be taking a wway e medicare promise to people in any generation when you say to a person when they reach their 80s, go out, get on a bus and go find yourself an insurance company that's going to insure your health at this point. do we really want to do those kinds of things? and was it right to deal ideologically with the auto industry when we had to interrupt the normal processes of the market and do something extraordinary? romney said, no, let it happen. let th
romney's tax returns. do you feel like the list of things that the democrats would like to be talking about here is a different list when it's paul ryan on the stage than when it is mitt romney on the stage? >> i would go to those ideological things. not so much the problematic problems governor romney faces personally but the ideological charts, do we really want to make a woman a murderer if she chooses to end a pregnancy, do we really want to get into that territory morally as a...